Question

Suppose a calculator manufacturer has the total cost function C(x)=44x+3130 and the total revenue function R(x)=−0.2x

2
+3258x. a) What is the equation of the profit function for the calculator? P(x)= b) What is the profit on 320 units?

Answer 1

Cost function = C(��) = 175 �� +150 ii. Revenue Function = R(��) = 500 �� iii. Profit function = Revenue function – Cost function = R(��) - C(��) = (500 ��) – (175 �� +150 ) = 500 �� – 175 - 150 = 325 �� -150 4. A company produces and sells a product and fixed costs of the company are Rs

Step-by-step explanation: